Reportedly, the talks are at a really nascent stage. (Consultant picture)
Indian refiner Bharat Petroleum Corp and explorer Oil and Pure Gasoline Corp are collectively exploring establishing a refinery
Indian refiner Bharat Petroleum Corp and explorer Oil and Pure Gasoline Corp are collectively exploring establishing a refinery, two sources conversant in the matter mentioned.
The talks are at a really nascent stage, the sources, who didn’t need to be named as a result of they aren’t authorised to talk to media, mentioned.
BPCL plans to extend its built-in refining and petrochemical capacities throughout the subsequent 5 to seven years to satisfy rising power demand, its chairman informed shareholders final week.
Each the businesses declined to touch upon the event.
(This story has not been edited by News18 employees and is printed from a syndicated information company feed – Reuters)
